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Now in its third edition, this book provides a guide to the legal framework in which service charges operate. In addition, it provides guidance on the management process and related accountancy matters.
This new edition has been comprehensively updated to reflect new developments and recent case-law on such topics as reasonableness, repairs and renewals, recovery of overpayments and VAT chargeable by management companies. Additional advice on social landlords and overriding leases has been included and comment on the forthcoming Commonhold and Leasehold Reform Act is included.
The concise commentary is supported by speciman service-charge clauses, model accounts, notices and certificates.